earnings
confidence high
sentiment positive
materiality 0.75
Danaher Q4 net earnings $1.1B, EPS $1.50; core revenue down 11.5% YoY
DANAHER CORP /DE/
2023-FY EPS reported
$6.38
revenue$23,890,000,000
- Q4 revenue $6.4B, down 10.0% YoY; non-GAAP core revenue down 11.5%.
- GAAP diluted EPS $1.50; non-GAAP adjusted diluted EPS $2.09.
- Full year 2023 revenue $23.9B, down 10.5%; GAAP EPS $5.65, adjusted $7.58.
- Q4 operating cash flow $1.6B; free cash flow $1.2B; FY free cash flow $5.1B.
- Closed Abcam acquisition; guides Q1 2024 core revenue down high-single digits, FY 2024 down low-single digits.